Financial Innovation

Table 9 Vector autoregressive model of LnVIX and LnWEI with X_Pandemic as an exogenous variable

From: Did weekly economic index and volatility index impact US food sales during the first year of the pandemic?

Variable	Dependent variable
	LnWEI		LnVIX
	Coeff	t-value	Coeff	t-value
X_Pandemic	− 5.07***	− 3.23	− 0.15	− 0.45
LnVIX	0.31	0.55	0.80***	6.59
LnWEI	− 0.41***	− 3.90	0.03	1.57
Constant	0.57	0.43	0.75**	2.61

Notes: *** indicate significant at 1% level of significance

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